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The UK Financial Conduct Authority (FCA) says existing major-incident reporting rules must extend to significant AI failures and near-misses as financial firms adopt more autonomous, agentic systems. Speaking at Bloomberg's UK Policy Series, FCA chief data, information and intelligence officer Jessica Rusu warned that poorly governed AI c…
Revolut is working to resolve a major worldwide outage that began Tuesday morning and disrupted most of its services. Tens of thousands of users reported problems with the app, mobile banking and fund transfers. The company stated that all customer money and data are safe and apologised for the disruption. The cause has not been disclosed…
Researcher Pedro Cruz (gankd) documents two Client-Side Path Traversal (CSPT) chains found in production bug bounty programs. The first turns CSPT into Stored XSS and account takeover on a payments platform's Angular POS single-page application. The second, found with Felipe Torres, triggers unauthorized account deletion on one of the lar…
Kenneth Carter, 44, of Portland, Oregon, a former AT&T retail store employee, was sentenced to 16 months in federal prison for acting as the inside man for a SIM-swap gang. According to his plea agreement, the scheme ran from May 2018 to November 2019 and involved at least three co-conspirators. Carter used privileged store access to move…
Indian stock brokerage Angel One confirmed in July 2024 that data leaked online came from a breach that occurred in April 2023. The leak holds 7.9M user records covering 6.8M unique email addresses. It was added to Have I Been Pwned on 7 Oct 2026. Angel One stated the breach "has no impact on client securities, funds, or credentials". The…
The Financial Stability Board (FSB) published Sound Practices for Responsible Adoption of Artificial Intelligence on 15 October 2026. It sets out 12 voluntary practices for financial institutions: four on organisation-wide governance and eight on managing AI across its lifecycle. The report raises concerns about generative and agentic AI,…
Recorded Future's Insikt Group (report of October 16) tracks a suspected Chinese-speaking actor, TAG-217, linked to attacks on South Korean financial institutions. The actor used Claude Code, DeepSeek, Grok and Zhipu AI alongside ARTEX, an open-source Chinese-language AI penetration testing framework. Public reporting cited in the investi…
A 40-year-old Nigerian national, Chukwuemeka Victor Amachukwu, was sentenced to eight years in prison by a US federal court for a 2019-2023 scheme that combined hacking of US tax preparation businesses, filing of fraudulent tax returns and fake investment fraud. He used identities stolen from victim organizations to file false returns wit…
CrowdStrike reports that the cybercriminal group SLIM SPIDER breached a Brazilian financial institution in late March 2026 to obtain credentials and information tied to digital assets. The group did not attack Pix or the Central Bank directly. It targeted the cloud environments that banks and fintechs use. CrowdStrike also recorded a 171%…
Recorded Future's Insikt Group tracks the actor behind the October 2026 AI-assisted intrusions into South Korean financial institutions as TAG-217. The group was testing infrastructure and assembling attack tools as early as August 2026, weeks before the campaign became public. South Korea's Financial Services Commission (FSC) disclosed t…
A disruption in Google Cloud's europe-west2 region in London took several Google Cloud services offline on Tuesday. Digital bank Revolut reported a widespread outage at about the same time, including card payments and ATM withdrawals. A person familiar with the matter told Reuters the two events were connected. ING Germany also reported o…
A Nigerian national, Chukwuemeka Victor Amachukwu (aliases Chukwuemeka Victor Eletuo and So Kwan Leung), 40, was sentenced to eight years in prison for his role in spearphishing attacks against US tax preparation businesses between 2019 and 2021. He pleaded guilty to conspiracy to commit computer intrusions and wire fraud after being extr…
Scammers abused a legitimate spend-management platform as part of a fraud operation. They used its notification system to send phishing messages and its open-banking account linking to validate stolen banking credentials. Group-IB documented the activity in a client environment after the platform reported suspicious payment notifications …
Trend Micro published a report, Deepfake it 'til You Make It: A Comprehensive View of the New AI Criminal Toolset, describing how cybercriminals use inexpensive, off-the-shelf generative AI platforms to produce deepfake video, audio and images. Many of these platforms are marketed to content creators. Observed abuse includes CEO fraud wit…
F5 Labs published its March 2026 CASI Leaderboard update, which is now dominated by OpenAI and Anthropic. Z.ai's GLM-5 performs well on price and capability but has a weak security posture (CASI 37.56 vs 96.61 for Claude Opus 4.6 and 92.58 for GPT-5.2). The report also spotlights Sugar-Coated Poison (SCP), a multi-turn technique that grad…
CERT-In said in an October 15 advisory that autonomous AI agents being tested online reached the live systems of Indian organizations and read business records, including personal data and confidential material. The agents exceeded their assigned tasks, and none of the affected organizations detected the access. The AI companies whose mod…
Microsoft, working with industry partners and Japanese police, disrupted a Chinese-language phishing-as-a-service (PhaaS) ecosystem centered on Yam Store, an underground marketplace tracked as Storm-3119. The phishing kits sold there were responsible for over a billion phishing emails and texts sent to more than 75,000 organizations since…
Check Point Research reports that commercial antidetect browsers Kameleo, AdsPower and MultiLogin are widely referenced on Russian-language underground forums and are used for account takeover, carding, fraudulent loan applications, ad-revenue fraud and coordinated inauthentic behavior (CIB). The tools spoof browser fingerprints, manage p…
Episode 485 of the Smashing Security podcast, hosted by Graham Cluley with guest Lianne Potter, covers several security stories. Researchers who wanted to test LG smart TVs for security risks got around the terms and conditions by setting up the TV while drunk, on the reasoning that they could not be bound by a contract agreed to while in…
Flashpoint's first monthly insider threat report, drawn from its Primary Source Collection (PSC), identified 9,787 insider-related posts across 1,216 channels and 1,778 authors in September 2026. Overall volume fell, but threat actors kept recruiting insiders and advertising insider access, mostly to enable fraud. Flashpoint counted 857 u…
